Charity Accounts Intelreading the accounts so you don’t have to

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHALFONT ST GILES

Registered charity 1129372 · accounts filings on the Charity Commission register · also known as CHALFONT ST GILES PCC

Latest income
£151k
Latest spending
£147k
Registered
2009
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net surplus of £4k for the year, driven by unbudgeted legacies, bringing total net assets to £321k. However, the trustees warn that the current financial situation is unsustainable due to historic losses and reliance on one-off bequests, projecting that the church could run out of money in 5 to 8 years if recurring expenditure is not reduced. Consequently, the charity has adopted a break-even budget for 2025 and intends to reduce the parish share payment to manage its cash reserves.

What the accounts disclose

Reserves policy: between 6 and 9 months of anticipated recurring annual expenditure (held: £84k)
“This states that an unrestricted reserve should be maintained in cash or liquid assets to cover between 6 and 9 months of anticipated recurring annual expenditure.”
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“If action is not taken, it believes that the church would run out of money in 5 to 8 years. This would leave us with no reserves to develop the church’s ministry in the parish.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Buckinghamshire

Income and spending

Financial year endIncomeSpending
31/12/2024£151k£147k
31/12/2023£126k£159k
31/12/2022£157k£142k
31/12/2021£157k£142k
31/12/2020£132k£140k

Common questions

Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHALFONT ST GILES financially healthy?

The accounts state that the charity reported a net surplus of £4k for the year, driven by unbudgeted legacies, bringing total net assets to £321k. However, the trustees warn that the current financial situation is unsustainable due to historic losses and reliance on one-off bequests, projecting that the church could run out of money in 5 to 8 years if recurring expenditure is not reduced. Consequently, the charity has adopted a break-even budget for 2025 and intends to reduce the parish share payment to manage its cash reserves. Its FY2024 accounts were independently examined.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, CHURT AND RUSHMOOR.